Under the indirect method of determining the net cash provided by operating activities on the statement of
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Question:
Under the indirect method of determining the net cash provided by operating activities on the statement of cash flows, an increase in inventory is subtracted from net income.
1) True
2) False
Related Book For
Intermediate Accounting 2014 FASB Update
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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